Pakistan, UAE sign MoUS to set up joint business council, consular affairs’ committee

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Pakistan's Foreign Minister and Deputy Prime Minister, Ishaq Dar (right) shakes hands with his UAE counterpart, Sheikh Abdullah bin Zayed Al Nahyan, after signing various agreements in Islamabad, Pakistan, on April 21, 2025. (Ministry of Foreign Affairs)
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Pakistan's Foreign Minister and Deputy Prime Minister, Ishaq Dar (right) receives his UAE counterpart, Sheikh Abdullah bin Zayed Al Nahyan, in Islamabad, Pakistan, on April 21, 2025. (Ministry of Foreign Affairs)
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Updated 21 April 2025
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Pakistan, UAE sign MoUS to set up joint business council, consular affairs’ committee

  • UAE Deputy PM and Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan was in Islamabad on two-day visit
  • UAE is Pakistan’s third-largest trading partner after China and US and a major source of foreign investment

ISLAMABAD: Pakistan and the United Arab Emirates on Monday signed multiple memoranda of understanding (MoUs), including to set up a joint committee for consular affairs and a UAE-Pakistan Business Council.

The agreements were inked during a two-day visit to Islamabad by UAE Deputy Prime Minister and Minister of Foreign Affairs Sheikh Abdullah bin Zayed Al Nahyan.

The UAE is Pakistan’s third-largest trading partner after China and the United States, and a major source of foreign investment, with over $10 billion invested in the last two decades. Approximately 1.8 million Pakistanis reside in the UAE, forming the second largest expatriate group there after Indians. Pakistanis contribute significantly to the UAE’s economy and are seen as a source of livelihood for many families in Pakistan. 

“Prime Minister emphasized upon the need to enhance cooperation in trade, investment, energy, and people-to-people contacts,” Pakistani Premier Shehbaz Sharif’s office said in a statement after he met the visiting UAE dignitary. 

“He reiterated Pakistan’s strong desire to elevate the excellent political ties between Pakistan and the UAE to a mutually beneficial economic partnership.”




UAE's Deputy Prime Minister and Foreign Minister, Sheikh Abdullah bin Zayed Al Nahyan (second left), meets his Pakistani counterpart, Ishaq Dar (not pictured), in Islamabad, Pakistan, on April 21, 2025. (Ministry of Foreign Affairs)

The two leaders also discussed the regional situation and global developments during the meeting.

Earlier, Al Nayhan addressed a joint press conference with Pakistani deputy prime minister Ishaq Dar, who is also the foreign minister.

“I must say that our relationship has been growing on a good pace,” Al Nayhan said. “I think both our leaders, the people of Pakistan and the UAE do want to see more development in the relationship.”

The UAE deputy prime minister said relations between the two countries, over the past few years, have been “moving faster than they have for a while.”

“And I really look forward that the good spirit that has been moving the relationship in the last few months would continue on so many different cycles, if it’s trade, investment, aviation,” Al Nayhan added.




Pakistan's Foreign Minister and Deputy Prime Minister, Ishaq Dar (right) receives his UAE counterpart, Sheikh Abdullah bin Zayed Al Nahyan, in Islamabad, Pakistan, on April 21, 2025. (Ministry of Foreign Affairs)

Dar and Al Nayhan also oversaw the signing of MoUs in multiple sectors, including one between the UAE ministry of culture and the culture division of Pakistan to promote cooperation in the culture sector. Another MoU was signed between the Federation of UAE Chambers of Commerce and Industry and the Federation of Pakistan Chamber of Commerce and Industry to set up a UAE-Pakistan Joint Business Council, while a third was for the establishment of a joint committee for consular affairs.

The setting up of the consular affairs committee comes days after officials in Pakistan and the UAE confirmed that a months-long visa rift had been resolved and Pakistanis could now apply for five-year visas to the Emirates. Previously, Pakistanis had increasingly reported visa rejections from the UAE and an overall decrease in employment opportunities, allegedly due to their lack of respect for local laws and customs, as well as their participation in political activities and sloganeering while abroad.

Last year, the Pakistan Business Council (PBC) was set up at the Sharjah Chamber of Commerce and Industry, aiming to increase Pakistan’s bilateral trade volume with the UAE to $40 billion within three fiscal years, according to the head of the new body. 

Pakistan and the UAE have also moved in recent months to strengthen trade ties in other ways.

The two sides signed accords in mining, railways, banking and infrastructure in February during the Abu Dhabi crown prince’s visit to Pakistan. Last year, Pakistan and the UAE signed deals worth more than $3 billion covering railways, economic zones and infrastructure development.


Pakistan to sell excess gas in international markets from Jan.1— petroleum minister

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Pakistan to sell excess gas in international markets from Jan.1— petroleum minister

  • Pakistan was reportedly exploring ways to reduce $378 million in annual losses from supply glut caused by excess fuel imports 
  • Move to sell excess LNG in international markets will limit $3.56 billion losses caused since 2018-19, says petroleum minister

ISLAMABAD: Pakistan will sell its excess liquefied natural gas (LNG) in international markets from Jan. 1, Petroleum Minister Ali Pervaiz Malik said, revealing the move would limit losses caused from a years-long supply gut. 

Local and international media outlets had reported in July that Pakistan was exploring ways to sell excess LNG cargoes amid a gas supply glut that government officials said was costing domestic producers $378 million in annual losses. News reports had said Pakistan had at least three LNG cargoes in excess that it imported from Qatar and has no immediate use for.

Speaking to reporters during a press conference on Sunday, Malik said there was an excess of imported gas in Pakistan as the use of this fuel for power generation had reduced in the country during the past few months. He said Islamabad had been forced to sell the gas to local consumers, due to which the circular debt in the gas sector from 2018 till now had ballooned to around Rs1,000 billion [$3.56 billion]. 

“From Jan. 1 we will sell this excess fuel in international markets to reduce our burden and limit our losses of this Rs1,000 billion [$3.56 billion],” Malik said. 

He said this move would also allow Pakistan’s state-owned enterprises in the sector to operate on their full capacity and generate profits and employment. 

Malik also spoke of foreign oil companies that were ready to invest millions in the country in the near future. 

The minister cited the recent visit of Turkish energy minister to Pakistan which had resulted in the state-owned Turkish Petroleum signing deals to carry out onshore and offshore drilling activities in Pakistan. 

“Turkish Petroleum will also open its office in Islamabad, where 10 to 15 Turkish nationals will be working,” Malik said. 

He also said that a delegation of the State Oil Company of Azerbaijan Republic (SOCAR) visit Pakistan this week, adding that it was also expected to collaborate with local companies for oil and gas exploration.

The minister said SOCAR was also opening its office in Pakistan. 

“It will also invest millions of dollars in the construction of an oil pipeline from Machike to Thalian in collaboration with the PSO (Pakistan State Oil) and FWO (Frontier Works Organization),” Malik said.